E Mortgage Blog

Rated #1 by you on Trulia! l 5/1 Rate from 2.750 l 30yr Rate from 4.0%

By Carl Ashton | Mortgage Broker
or Lender in Boca Raton, FL

RSS

Homepath little as 3%down / 620 score ok

Posted Under: Home Buying in Georgia, Financing in Georgia, Credit Score in Georgia | January 26, 2011 3:58 PM | 249 views | No comments
What to do to take advantage of this program!

Visit www.Homepath.com

pick out a home

go to www.premiermortgagestore.com

Did you know that Brightgreen is a designation lender for HomePath? What does this mean? It means we can close loans much quicker than the competition. Our average turn time from initial underwrite to funding is less than 25 days whereas our competitors take anywhere from 70-90 days. How can this be? Glad you asked. Its because we underwrite these loans at Brightgreen. We don't rely on another lender to give us approval. We are designated to offer this product.

Did you know that you do not order an appraisal for HomePath? Did you know that you do not need MI for Homepath? Another great savings for your borrower.

Qualifications:
- Minimum of 620 score for up to 80% LTV
- Minimum of 660 score for up to 97% LTV
- Condo's are OK as long they are FNMA Warrantable (some restrictions may apply)
- DU - Approve/Eligible
- Max 50% DTI
- NO MI
- NO APPRAISAL
- Credit determined by DU
Mortgage Banker

Brightgreen Home Loans

1605A Prosperity Farms Rd

Lake Park Florida 33403

Phone: 561-210-3000

Fax: 561-624-1764

cashton@bghloans.com

Our websites:

www.premiermortgagestore.com

Plus our specialty websites:

www.jumbomortgagestore.com

www.fhamortgagestore.com

www.vamortgagestore.com

www.usdamortgagestore.com